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A company sells two products-J and K. The sales mix is expected to be $3 of sales of Product K for every S1 of sales

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A company sells two products-J and K. The sales mix is expected to be $3 of sales of Product K for every S1 of sales of Product Product has a contribution margin ratio of 40% whereas Product K has a contribution margin ratio of 50%. Annual fixed expenses are expected to be $120,000. The overall break-even point for the company in dollar sales is expected to be closest to Multiple Choice O $196,000 $200,000 $252632 $263.420

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